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Feb 13, 2013
02/13
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all these measures are keys to help growing the economy. we won't be able to sustain a vibrant middle-class unless we solve our debt problem. every dollar of a government borrows is money that doesn't create jobs and uncertainty by the debt is why many businesses are not hiring. president loves to blame the debt on president bush but president obama has created more debt in four years than his predecessor did in eight. real cause of our debt our government has been spending one trillion dollars than it takes in every year. that is why need a balanced budget amendment. biggest obstacle where spending is locked in. one of these programs is medicare. it's especially important to me. it provided my father the care he needed to battle cancer and ultimately to die with dignity. and it pays for the care my mother receives right now. i would never support any changes to medicare that would hurt seniors but anybody that is in favor of leaving it was the way it is right now is in favor of bankrupting it. republicans have offered a plan. instead of pl
all these measures are keys to help growing the economy. we won't be able to sustain a vibrant middle-class unless we solve our debt problem. every dollar of a government borrows is money that doesn't create jobs and uncertainty by the debt is why many businesses are not hiring. president loves to blame the debt on president bush but president obama has created more debt in four years than his predecessor did in eight. real cause of our debt our government has been spending one trillion dollars...
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Feb 17, 2013
02/13
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WBFF
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this is about jobs, about the state of the economy. >> no, it's not... it is about spending and, the... >> chris: i'm glad we cleared that up. thank you, panel. but don't forget to check out panel-plus, where our panel will pick up with this discussion discussion on our web site, foxnewssunday.com and we'll post the video before noon eastern time an follow us on twitter @foxnewssunday. up next our power player of the week. ♪ >> chris: there have been 1, 942 senators since congress started in 1789. one of the fun facts we learn from our power player of the week. ♪ >> i have a front row seat for the best show in washington. and it is. >> chris: donald richie is the senate historian. keeping track of everything it does, and why. >> the yeas are 59... the nays are 39... >> the senate does a lot of business by precedent and, you know. we have very few rules in the senate but we have thousands of press dents. >> chris: when the impeachment trial of bill clinton happened, they wanted to know what happened to the trial of andrew johnson in 1868. >> o questio
this is about jobs, about the state of the economy. >> no, it's not... it is about spending and, the... >> chris: i'm glad we cleared that up. thank you, panel. but don't forget to check out panel-plus, where our panel will pick up with this discussion discussion on our web site, foxnewssunday.com and we'll post the video before noon eastern time an follow us on twitter @foxnewssunday. up next our power player of the week. ♪ >> chris: there have been 1, 942 senators since...
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Feb 13, 2013
02/13
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WBFF
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let's streamline the process and help our economy grow. these initiatives in manufacturing, energy, infrastructure, housing, all these things will help entrepreneurs and small business owners expand and create new jobs. none of them will matter unless we also equip our citizens with the skills and training to fill those jobs. [ applause ] >>hat has to start at the earliest possible age. you know, study after study shows that the sooner a child begins learning, the better he or she does down the road, but today fewer than three in ten four-year-olds are enrolled in a high quality preschool program. most middle-class parents can't afford a few hundred bucks a week for private schools and poor kids that need help the most, this lack of access to preschool edution can shadow them for the rest of their lives. tonight, i propose working with states to make high quality preschool available to every single child in america. [ applause ] that is one thing we should be able to do. [ applause ] >> every dollar we invest in high quality childhood educ
let's streamline the process and help our economy grow. these initiatives in manufacturing, energy, infrastructure, housing, all these things will help entrepreneurs and small business owners expand and create new jobs. none of them will matter unless we also equip our citizens with the skills and training to fill those jobs. [ applause ] >>hat has to start at the earliest possible age. you know, study after study shows that the sooner a child begins learning, the better he or she does...
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Feb 13, 2013
02/13
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WBFF
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the focus of tonightts speechh hoo áhhá ppans to immrove tte economy and find work foo 12 point 3 "broad-based economii growwh requures a balancee approach to deficit rrduction, with ppending cuts and revenue, and with everybody doiig their fair share." warmly received by democrats and mostly dismissed by republicans, the president ill need help from goals. "let's set pprty interests aaide, and work to saviigs and wiss investments in our future." on foreign pnnounced a major roop pithdrrwal ffom aaghansitan -- on immigration reform, he puuhed for a ath to in the u.s. "each of hese l - proposals eserres a vvte in congress." and on gunncontrol -- he made it clear he wants action. "the families of oak creek, and tucson, and other communities ripped open by gun violence - ttey deserre a simple vote."following the republicans' turn. loridaa senator marco rubio deliverrd his arty's message. "as yoo heard tonight, his solutiin to virtually eveey problem we more, borrow more nd spend more."prrsident obama said that nnoe of the ideas proposed innhis speech would he called a single imeewhat -3 republica
the focus of tonightts speechh hoo áhhá ppans to immrove tte economy and find work foo 12 point 3 "broad-based economii growwh requures a balancee approach to deficit rrduction, with ppending cuts and revenue, and with everybody doiig their fair share." warmly received by democrats and mostly dismissed by republicans, the president ill need help from goals. "let's set pprty interests aaide, and work to saviigs and wiss investments in our future." on foreign pnnounced a...
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Feb 14, 2013
02/13
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WBFF
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while the country faces explosive national debt aan a stilll struggling economy economy cnn sllu sotu-23]in "lee me &ppepeat -- nothing i'm & proposing tonight should incrrase our deficit y a single dime."trt=[broll from childccre]noo aassngle dimm tt 3 can president bama promise that in almost the same breath as hh tallssaboutt bringing early childhood education to every four year old in aaerica, reeair or replace 77-thousand bridges, enhancee shipping porrs and create more than one dozen manufacturing pnstitutes.[broll of daaaius] economist daraius irani &p[dd-rye-uu] irani [ir-on-knee] has been hinking about tte &pcostssbehind obamaas state of thee niin wish list.[take sot daraiusssot in 9:58:33 "i -33 would not bet the farm on that stateeent that there will be 3 thh eeppndituues."trt=:06 [graphic "sotu ccsts" in eric'' share foller]] sooe of tte rough annuall dollarr numbers 50 billion for bridges, 15 biilion for construction ppojects ann 65 biilioo for early educatton, ann those mannfacturing pnstitutes would eat up - anotter billion a year.[takee over sotu ideo $1,059,246] &pthe
while the country faces explosive national debt aan a stilll struggling economy economy cnn sllu sotu-23]in "lee me &ppepeat -- nothing i'm & proposing tonight should incrrase our deficit y a single dime."trt=[broll from childccre]noo aassngle dimm tt 3 can president bama promise that in almost the same breath as hh tallssaboutt bringing early childhood education to every four year old in aaerica, reeair or replace 77-thousand bridges, enhancee shipping porrs and create more...
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Feb 15, 2013
02/13
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WBFF
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22;29;02;28 (pp iriib) pat: phe economy, looo no urtherr than mmn's underwear. -3&&p22225;19;37 (say what guys 3 inteeesting position right now. -butt to- and yup, i'm -3 holding all these ladders togethhr. not really, thank ggodnesss22;29;10;8 (pp risb) & tom::you can teel ow well the of a man's unnerwear. 22225532;02 (ssy whht guys dancing) joel: i guess anyone can do thhs, huhh girr: yea, anddnn experience necessary. &p22;29;36644 (pp irisb) tom: piive got grey on right noww i don't know wwat that means. --ccnace in background 3 tom: i'm going grey. p2;25;45;34 (say what guys dancing))joell you are hhld in thhre by a little trap onn - your ankke theree huh? ggrl: 22223;50;466say whaa jon drawing) joo: et's plan thhs thing ouu. right aboutt.. ahh -3 ii's backwards again. 22;25;49;33 (say what guys youuhold this pooition? i don't want to hhrt you. girl: soon.22223;59;;9 ((aa what on drawwng) jon: hhreewe go. there it is, ut it on. come on. 22;23;42;58 ssy whaa guys get ntt it as well. don't -3 daae them, because they will. - --uyy dancing--22;24431;04 (say wwat ake it rainn)tom: spe
22;29;02;28 (pp iriib) pat: phe economy, looo no urtherr than mmn's underwear. -3&&p22225;19;37 (say what guys 3 inteeesting position right now. -butt to- and yup, i'm -3 holding all these ladders togethhr. not really, thank ggodnesss22;29;10;8 (pp risb) & tom::you can teel ow well the of a man's unnerwear. 22225532;02 (ssy whht guys dancing) joel: i guess anyone can do thhs, huhh girr: yea, anddnn experience necessary. &p22;29;36644 (pp irisb) tom: piive got grey on right noww...
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180
Feb 11, 2013
02/13
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WBFF
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star prooucts wiil be exempt from marrland'sssix perccnt sales -& tax.tte move is aimed at helping the economy and the 3 339:20-39:42"is it worth it............... thee're the relief."the tax exemption 3ends at idnight n monnay, february 18th. &p3 how are the roods lloking tonight? tonighttbrandi proctorr hass our traffic edge report. -3 report. 3 map greenspringlibertybat natl pike shawan 3 395 p3 he... 3 niiersitt of & maryland... ii... once again ranked... as onn of the top party schools... in but.... don't be fooled... byy headliness...// & 3 "sounds of the vault/etc" paalt/ett" maaylaad's gymkana -3 team started in the 1940's... in college parr .... and performee everywwere... ffom hhlffime showw, ...// all ...ssunts... and athletic feats are performed by ccrrent 3 drug, alcohol and tobacco free..../// thee.. - group... added....some events... like theseeaerial skklls.../ holdiig onto pabove...//. we... talkedd & to... a first year member... about learning ...and trying new skills. 3 743 first time i got on this impossiblllity for mee didn'' hav ethe core musclls 3 you work at ii and get
star prooucts wiil be exempt from marrland'sssix perccnt sales -& tax.tte move is aimed at helping the economy and the 3 339:20-39:42"is it worth it............... thee're the relief."the tax exemption 3ends at idnight n monnay, february 18th. &p3 how are the roods lloking tonight? tonighttbrandi proctorr hass our traffic edge report. -3 report. 3 map greenspringlibertybat natl pike shawan 3 395 p3 he... 3 niiersitt of & maryland... ii... once again ranked... as onn of the...
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Feb 12, 2013
02/13
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WBFF
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talked bout the economy in his first stateeof the nion 3 officials say... yoo'll hear more on ittagain toniggt...as the presddent outliness new jobs and help expand the middle class.while pnemployment is down under thh obama administration, it's still at 7-point-9 peecent. republicans ut the onus on the presidentt 3&p27--3"wwe re aa a moment where continue to grow, to ontinue to buuld on the progress we made,,to continue tt build on the job creatiin wee'e achievvd." achieved."50-53"tte president doesn't elieve we have aa spending problemm" proolem."the issue of gun -3 control will also be front and center tonight.sources say he & pon't reveal new policyybut will push for congress to act. 3 and... the presidenn... - pllns to announce... .34- ttousand u- s troops... will be hhme ffom afghanistan... y this time neet yeaa....// frther reduutiins... ill conninue thru... the end f 2014.. / as... afghans ttke eeponsibility for their pwn securrty. p3 you can see... thh state of theeunion addrees live... on fox 45... tom'w night... beginning aa....9--pm...// ttat br
talked bout the economy in his first stateeof the nion 3 officials say... yoo'll hear more on ittagain toniggt...as the presddent outliness new jobs and help expand the middle class.while pnemployment is down under thh obama administration, it's still at 7-point-9 peecent. republicans ut the onus on the presidentt 3&p27--3"wwe re aa a moment where continue to grow, to ontinue to buuld on the progress we made,,to continue tt build on the job creatiin wee'e achievvd."...
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Feb 12, 2013
02/13
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WBFF
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toniiht.expected topics are the economy anddeducationn education.but what do you hopee the preeident says during his state of the unioo address?our phoneelines are pen nnw.. 410- 441-4555.3 you're waachinggfox hey, what are you drinking? i'm drinking dunkin'. i'm drinking dunkin'. i'm just in love with the flavor. i get mine black. i don't want to take away from that pure taste. so smooth, no bitterness. it's awesome. there's no other taste like it. america runs on dunkin' coffee. 3 3((questton of daa aaimation)) 3 whaa wooud ou like to hear from the president tonight in his sttte of the union address? & address?that brings us to oor question of the day.our phone lines are open now.. 410- 481-4545. 3 3 tiffany- i hope he chris- annapplis pnnapolischris- annaaolii annapolis 3 ttffany- i hope he 3 addressee the fact thaa he didn't cceate the problems we - have and hat to clean it uu he will need the help of prooises..i love my pressdent!" let ya knoww" mary cool... where are you? you?you have about 11 minutee -3 po call and claim your 400- dollars.don't lose hope.. our 8 o'clokk hour.
toniiht.expected topics are the economy anddeducationn education.but what do you hopee the preeident says during his state of the unioo address?our phoneelines are pen nnw.. 410- 441-4555.3 you're waachinggfox hey, what are you drinking? i'm drinking dunkin'. i'm drinking dunkin'. i'm just in love with the flavor. i get mine black. i don't want to take away from that pure taste. so smooth, no bitterness. it's awesome. there's no other taste like it. america runs on dunkin' coffee. 3 3((questton...
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Feb 15, 2013
02/13
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WBFF
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in it, he llid out a series of proposals to continue oogrow he economy jobb ... all without increasing the ddficit y a single dime. he also - pouched on the war in afgganistan and his commitmmnt americc. williams, joins us live viaa skype for this week's - washington wrra.-he talked aboot a lot of things .. but 3 the biggest focus was on -3& reiggiting america's economic & growth ... which he ayss centers around a thrivinn middle class-part of his plan - is to raise the 3 minimum agg ... which for businnsses-another pprt of president's plan is 33 about affordabbe education ... universsl pre-school ... aii not increase .. not bigger government, but smarter-he talked about d vooding the sequestration scheduled for and social ecurity-he is in pommreeensive tax - 3 3 3 weere getting ready to draw anotherrname... in our 3 winner didn't call....so this next person will have a shot pttá200-doolars.á3 listen in for your namee.. nnxt. &p3 ((megan ive tease)) 3 3 ((break 4)) hey, what are you drinking? i'm drinking dunkin'. i'm drinking dunkin'. i'm just in love with the
in it, he llid out a series of proposals to continue oogrow he economy jobb ... all without increasing the ddficit y a single dime. he also - pouched on the war in afgganistan and his commitmmnt americc. williams, joins us live viaa skype for this week's - washington wrra.-he talked aboot a lot of things .. but 3 the biggest focus was on -3& reiggiting america's economic & growth ... which he ayss centers around a thrivinn middle class-part of his plan - is to raise the 3 minimum agg...
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Feb 11, 2013
02/13
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WBFF
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of the economy's health. heelth.and in just about two minutes...we're draaing another name in our contest! dolllrs!stay tuneddfor youu attention deficit disorrer. and deppression.on fox 45 news at five. it'' our freeebru-ary giveaway! giieaway!everr day innfebbuury we're giving away 100- dollars &pan hour..- number on yyurrscreen. scceen.if you don't caal &pin.. your prize rolls over into the next houu for someone elss to win! win!to get youu name in the box.. gooto ffcebook ddt com slash foxxaltimore and fill rules.tt read comppete contest - 3 3 3 pe continue o followwbreakinn news out of the vattcan.. &preported... pople benedict th 16th.. is resiininggattthe end of the month.the vvticannsays beeedict told the ccrdinals of the catholic ccurch on ... advanced age.. age."pope benedict olddthe and body are necessarr, f mind strength whichhinnthe lass few to the extent that have had m- &pto recoonize my ncapacity to pmnistry ntrusted o me." the anne arundel county council now has less thann30 days to elect a re
of the economy's health. heelth.and in just about two minutes...we're draaing another name in our contest! dolllrs!stay tuneddfor youu attention deficit disorrer. and deppression.on fox 45 news at five. it'' our freeebru-ary giveaway! giieaway!everr day innfebbuury we're giving away 100- dollars &pan hour..- number on yyurrscreen. scceen.if you don't caal &pin.. your prize rolls over into the next houu for someone elss to win! win!to get youu name in the box.. gooto ffcebook ddt com...
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we have moved from a third of our economy being manufacturing and about ten percent of our economy being finance real estate and insurance find it finance insurance and real estate f.-i are those fire we've gone from mostly manufacturing and a little bit of fire economy to the exact reverse we are now over thirty i think it's thirty five percent or something like that is is the fire economy and only eight nine ten eleven maybe it's a lot or twelve percent is what actually here's there's the chart you can see and as that fire economy has gone up what that means is that you know real estate is is going up artificially in price because that's the new economy so everybody's chasing that as manufacturing collapses and what collapses along with manufacturing good paying jobs so you have people not you know they're not getting good paying jobs they're not getting good wages you can see it's now eleven point two percent if i'm reading the chart right and whereas the economy is now it isn't twenty one percent twenty one point nine percent so you know that's what's happened and so the good paying
we have moved from a third of our economy being manufacturing and about ten percent of our economy being finance real estate and insurance find it finance insurance and real estate f.-i are those fire we've gone from mostly manufacturing and a little bit of fire economy to the exact reverse we are now over thirty i think it's thirty five percent or something like that is is the fire economy and only eight nine ten eleven maybe it's a lot or twelve percent is what actually here's there's the...
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Feb 17, 2013
02/13
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FBC
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>> i'm not sure it's a good thing for the economy. i don't think it's a bad thing for the economy. i think it's a bad thing for small and medium sized businesses, but look, when you have apple who has more money than the u.s. government, but of course, we all have more money than the u.s. government, there's no real place to put this money, and what jonas talked about with this, give it back in dividend which a lot of people consider lazy and uncreative to try to go out and buy company. the rich are getng richer and the big companies, the only place they can use the huge acquisitions to put the huge pile of cash to good use. >> brenda: gary b, we talk about the markets be in record highs or all-time highs and we were basicly where we were six years ago. >> exactly, brenda. in fact the nasdaq is way below its all-time highs, so there's plenty of room to grow and getting back to,ou know, larry and jonas made excellent points. normally merger activity is a harbinger of an improving economy and i think the stock market could break higher. the only point, jonas said about buffet always
>> i'm not sure it's a good thing for the economy. i don't think it's a bad thing for the economy. i think it's a bad thing for small and medium sized businesses, but look, when you have apple who has more money than the u.s. government, but of course, we all have more money than the u.s. government, there's no real place to put this money, and what jonas talked about with this, give it back in dividend which a lot of people consider lazy and uncreative to try to go out and buy company....
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Feb 11, 2013
02/13
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LINKTV
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basically, the level of income in the economy. if my income is $10,000 a year, i'll spend, say, $9,000 on consumers' goods. if my income is $20,000, i'll spend, say, $17,000. if my income is only $4,000, i'll want to spend only $3,900 on consumption. we can see what happens in the keynesian world when investment falls. this fall brings down income here. this in turn brings down consumption. the process doesn't stop here. consumption, according to keynes, ultimately falls by a multiplied amount. suppose a business spends $1 million a year on labor to expand its plant capacity. suddenly, it stops. the income of these laborers is cut by $1 million. let's suppose they would have spent 3/4 of the 1 million on, say, food and automobiles. because of their layoff, there is a $750,000 cut in demand for food and autos. it doesn't end there, for now automobile producers and farmers have less income. their spending on shoes, movies, houses, and singing lessons will be reduced. first the $1 million, then 3/4 of that, then 3/4 of that, until fi
basically, the level of income in the economy. if my income is $10,000 a year, i'll spend, say, $9,000 on consumers' goods. if my income is $20,000, i'll spend, say, $17,000. if my income is only $4,000, i'll want to spend only $3,900 on consumption. we can see what happens in the keynesian world when investment falls. this fall brings down income here. this in turn brings down consumption. the process doesn't stop here. consumption, according to keynes, ultimately falls by a multiplied amount....
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Feb 12, 2013
02/13
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WMPT
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so what is the current state of the economy? erika miller talked to two experts with different views. >> reporter: it may seem strange to many investors that the stock market can be hovering at five- year highs, when the economy is so weak. but what's fueling the rally is not the current situation, it's hope. >> we've taken out some of the downside tail risks. so, we're feeling like although it's not going to be a boom-y year, at least it will be a year where we can reasonably expect that the economy will continue to, you know, make progress. >> reporter: he expects there will be a continued slow, but steady, fall in the unemployment rate. in addition, the housing market recovery is spreading. >> we've seen a pick-up in household formation. so, more people are moving out of homes, starting new families and so forth. and so that creates underlying demand for housing units. and the second thing is, we've seen those inventories of excess unsold homes has been gradually whittled away. so now we're at a more normal inventory situatio
so what is the current state of the economy? erika miller talked to two experts with different views. >> reporter: it may seem strange to many investors that the stock market can be hovering at five- year highs, when the economy is so weak. but what's fueling the rally is not the current situation, it's hope. >> we've taken out some of the downside tail risks. so, we're feeling like although it's not going to be a boom-y year, at least it will be a year where we can reasonably...
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Feb 11, 2013
02/13
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FBC
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robert gibbs said in 2000 the president has been focused on the economy, his focus on the economy and works on nothing more than he does on the economy each and everyday. back to you. dennis: thank you for being with us. let's follow up with a couple of questions, the president set himself back with the inaugural address and failed to mention the economy at all, is he trying to make up for that? speakers is in a sense what you saw was much less specific, much less detailed presentation, more of a defense and progressivism when it comes to governing the country. there are different types of speeches and there was criticism even from republicans that he failed to mention the economy, but the state of the union is a much more detailed policy speech and that is what we expect out of the president tomorrow. cheryl: many are saying the president called the state of the union at least toda they wil have something to do with spending, those spending ideas may be doa with republicans on capitol hill. cheryl: wan who want to bring another colleague who has presumably something big to say. denni
robert gibbs said in 2000 the president has been focused on the economy, his focus on the economy and works on nothing more than he does on the economy each and everyday. back to you. dennis: thank you for being with us. let's follow up with a couple of questions, the president set himself back with the inaugural address and failed to mention the economy at all, is he trying to make up for that? speakers is in a sense what you saw was much less specific, much less detailed presentation, more of...
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Feb 13, 2013
02/13
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CNBC
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why is it that spending cuts are bad for the economy but tax increases are somehow not bad for the economy? i don't understand that logic. we need both. we have been having this debate back and forth. that is part of the problem. and we need some spending restraint. the big area where we need it is in health care. the rising health care cost is in growth to the economy. if we can find ways to bring down the costs of health care we can have a win win. >> the report that came out, which shows a slight decline in the deficit goes back up over $1 trillion in ten years because of social security and yet the president and the democrats don't want to touch entitlements. >> they don't want to cut spending. and that hasn't happened. over the weekend speaker pelosi was saying it is not a spending problem it is a deficit problem. even today, the minority whip was saying it is a pay-for problem. bottom line it is spending and americans recognize that the government has to live within it's means and it is costing us jobs and people can't make the hiring decisions to get the going again. >> it has to be
why is it that spending cuts are bad for the economy but tax increases are somehow not bad for the economy? i don't understand that logic. we need both. we have been having this debate back and forth. that is part of the problem. and we need some spending restraint. the big area where we need it is in health care. the rising health care cost is in growth to the economy. if we can find ways to bring down the costs of health care we can have a win win. >> the report that came out, which...
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Feb 11, 2013
02/13
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KNTV
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the economy got us. well, that begs the question, why didn't it get all the other automobile or vehicle companies? but there was no vision. i asked people what we do here, and i didn't get very satisfactory answers. so early on we decided what we did here, which was design, build, and sell the world's best vehicles. >> that is fantastic. so gm saw a huge re-ipo in 2011. how safe is the american automobile industry dodd when it comes to the ability to develop products and sell great products to the public? >> i think gm is in great shape. i think you just look at the results and you will see it's onward and upward. there are a lot of new vehicles under development and many being introduced this year. i think they're on a great course. >> what about american business in general? from your days at at&t, you worked with steve jobs on partnering at and t with the iphone at its launch. we'll talk about that. in the book you looked at companies that pondered too long and lost out. talk to us about business in g
the economy got us. well, that begs the question, why didn't it get all the other automobile or vehicle companies? but there was no vision. i asked people what we do here, and i didn't get very satisfactory answers. so early on we decided what we did here, which was design, build, and sell the world's best vehicles. >> that is fantastic. so gm saw a huge re-ipo in 2011. how safe is the american automobile industry dodd when it comes to the ability to develop products and sell great...
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Feb 16, 2013
02/13
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CNNW
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it's easy to flood the economy with cheap money. it's not that easy to pull it back. >> dan gross, stephen moore, zanny beddoes, great to see you all. have a good weekend. >>> up next, rethinking education. students are getting a jump in the lucrative field. is the focus on jobs at this age the wrong approach? what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. we've got a lot of empty cans. ( ♪ ) for those nights when it's more than a bad dream, be ready. for the days when you get a sudden call from the school, be ready. for the times you need to double-check the temperature on the thermometer, be ready. when you have children's motrin on hand, you're ready. for high fever, nothing works faster or lasts longer than children's motrin. be ready with children's motrin. i've been using crest pro-health for a week. my dentist said it was gonna help transform my mouth. [ male announcer ] go pro. for a clean that's up to fo
it's easy to flood the economy with cheap money. it's not that easy to pull it back. >> dan gross, stephen moore, zanny beddoes, great to see you all. have a good weekend. >>> up next, rethinking education. students are getting a jump in the lucrative field. is the focus on jobs at this age the wrong approach? what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. we've...
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then you will have a problem with as you call the real economy but don't only focus on the real economy because of your own fix the financial system then you will have like a one month that has only one leg and the other one is a wooden leg that is trailing behind you would need to work on both one last question is of course something i have to ask everybody is talking about the currency wars everyone is doing at the central banks all over the world are trying to consolidate their currency rates to meet their economies more competitive and that in a way is is natural in their desire to there are no currency wars today we are far far further away today from the currency war than we were two or three years ago when these friends phrase was coined ok what we have today is a number of countries exploring ways in which they can improve the growth prospects and improve the job creation ok not necessarily manipulating the currency to gain compared to numbers at the expense of the next person it is in everybody's interest that the united states recover their dynamism it's going to create growth
then you will have a problem with as you call the real economy but don't only focus on the real economy because of your own fix the financial system then you will have like a one month that has only one leg and the other one is a wooden leg that is trailing behind you would need to work on both one last question is of course something i have to ask everybody is talking about the currency wars everyone is doing at the central banks all over the world are trying to consolidate their currency...
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then you will have a problem with as you call the real economy but don't only focus on the real economy because of your own fix the financial system then you will have like a one month that has only one leg and the other one is a wooden leg that is trailing behind you would need to work on both one last question is of course something i have to ask everybody is talking about the currency wars everyone is doing at the central banks all over the world are trying to consolidate their currency rates to make their economies more competitive and that in a way is is natural there are no currency wars today we are far far further away today from the currency war than we were two or three years ago when these french phrase was coined ok what we have today is a number of countries exploring ways in which they can improve the growth prospects and improve the job creation ok not necessarily manipulating the currency to gain competitiveness at the expense of the next person. it is in everybody's interest that the united states recover their dynamism it's going to create growth and jobs everywhere in
then you will have a problem with as you call the real economy but don't only focus on the real economy because of your own fix the financial system then you will have like a one month that has only one leg and the other one is a wooden leg that is trailing behind you would need to work on both one last question is of course something i have to ask everybody is talking about the currency wars everyone is doing at the central banks all over the world are trying to consolidate their currency...
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economy needs to. achieve escape velocity and i think i know what he means by that but escape velocity is a term from physics and has a very specific meaning as an algorithm for a rocket to achieve escape velocity isn't this another example of an economist trying to sound like he knows what the hell he's talking about absolutely i can't disagree with that i mean what what what what on earth does this cape philosophy mean in the context of economics if it doesn't mean anything i think what it's what he's trying to say is that the economy needs to grow and to grow the economy we need to print more money and are willing to sacrifice the risk of having any inflation to create this growth but the problem is that we've had thirty years of this thinking and every single year from the reagan factor on or the amount of debt it's required to create one unit of growth has been ever increasing almost exponentially so we're at a point of hyper inflation well they don't know what to do those different so they have t
economy needs to. achieve escape velocity and i think i know what he means by that but escape velocity is a term from physics and has a very specific meaning as an algorithm for a rocket to achieve escape velocity isn't this another example of an economist trying to sound like he knows what the hell he's talking about absolutely i can't disagree with that i mean what what what what on earth does this cape philosophy mean in the context of economics if it doesn't mean anything i think what it's...
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economy needs to. achieve escape velocity and i think i know what he means by that but escape velocity is a term from physics and has a very specific meaning as an algorithm for a rocket to achieve escape velocity you know isn't this another example of an economist trying to sound like he knows what the hell he's talking about absolutely i can't disagree with that i mean what what what what on earth does this cape philosophy mean in the context of economics it is it doesn't mean anything i think what it's what he's trying to say is that the economy needs to grow and to grow the economy we need to print more money and are willing to sacrifice the risk of having any inflation to create this growth but the problem is that we've had thirty years of this thinking and every single year from the reagan thatcher onwards the amount of debt it's required to create one unit of growth has been ever increasing almost exponentially so we're at a point of hyper inflation well they don't know what to do those differen
economy needs to. achieve escape velocity and i think i know what he means by that but escape velocity is a term from physics and has a very specific meaning as an algorithm for a rocket to achieve escape velocity you know isn't this another example of an economist trying to sound like he knows what the hell he's talking about absolutely i can't disagree with that i mean what what what what on earth does this cape philosophy mean in the context of economics it is it doesn't mean anything i...
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Feb 17, 2013
02/13
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CNNW
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i think fundamentally it's because the economy is a steel of poor economy. per capita income is still 18% of the u.s. per capita income. a long way for the chinese economy to go to catch up. so fundamentally they're still basic forces, both on the demand side, supply side so forth to push the economy to grow reasonably fast. >> people have been talking about corruption in china because over the last few months we've heard a lot of stories, various members of standing committee and this is generally a conversation even beyond that that there is more than people think there is just gets hidden. is corruption a big problem in china? >> yes, it is a problem. it is a political problem more than an economic problem. >> why is it an economic problem? >> i often joke, this is, i warn people and this is oversimplifying fine line. i often joke that in china corruption is done. things and investments are done. where many parts of the world corruption happens without actual investments being done. which is better? of course, i'm not defending corruption. >> but pro-grow
i think fundamentally it's because the economy is a steel of poor economy. per capita income is still 18% of the u.s. per capita income. a long way for the chinese economy to go to catch up. so fundamentally they're still basic forces, both on the demand side, supply side so forth to push the economy to grow reasonably fast. >> people have been talking about corruption in china because over the last few months we've heard a lot of stories, various members of standing committee and this is...
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then you will have a problem with the as you call the real economy but don't only focus on the real economy because if you don't fix the financial system then you will have like a one month that has only one leg and the other one is a wooden leg that is trailing behind you would need to work on both one last question is of course something i have to ask everybody is talking about the currency wars everyone is doing at the central banks all over the world are trying to consolidate their currency rates to meet their economies more competitive and that in a way is is natural the desire to get there there are no currency wars today we are far far further away today from the currency war than we were two or three years ago when these french phrase was coined ok what we have today is a number of countries exploring ways in which they can improve the growth prospects and improve the job creation ok not necessarily manipulating the currency to gain competitiveness at the expense of the next person. it is in everybody's interest that the united states recover their dynamism it's going to create grow
then you will have a problem with the as you call the real economy but don't only focus on the real economy because if you don't fix the financial system then you will have like a one month that has only one leg and the other one is a wooden leg that is trailing behind you would need to work on both one last question is of course something i have to ask everybody is talking about the currency wars everyone is doing at the central banks all over the world are trying to consolidate their currency...
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economy needs to. achieve escape velocity and i think i know what he means by that but escape velocity is a term from physics and has a very specific meaning as an algorithm for a rocket to achieve escape velocity you know isn't this another example of an economist trying to sound like he knows what the hell he's talking about absolutely i can't disagree with that i mean what what what what on earth does escape velocity mean in the context of economics it is it doesn't mean anything i think what it's what he's trying to say is that the economy needs to grow and to grow the economy we need to print more money and are willing to sacrifice the risk of having any inflation to create this growth but the problem is that we've had thirty years of this thinking and every single year from the reagan thatcher onwards the amount of debt it's required to create one unit of growth has been ever increasing almost exponentially so we're at a point of hyper inflation well they don't know what to do this different so t
economy needs to. achieve escape velocity and i think i know what he means by that but escape velocity is a term from physics and has a very specific meaning as an algorithm for a rocket to achieve escape velocity you know isn't this another example of an economist trying to sound like he knows what the hell he's talking about absolutely i can't disagree with that i mean what what what what on earth does escape velocity mean in the context of economics it is it doesn't mean anything i think...
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economy needs to. achieve escape velocity. and i think i know what he means by that but escape velocity is a term from physics and has a very specific meaning as an algorithm for a rocket to achieve escape velocity isn't this another example of an economist trying to sound like he knows what the hell he's talking about absolutely i can't disagree with that i mean what what what what. does this cape philosophy mean in the context of economics if it doesn't mean anything i think what it's what he's trying to say is that the economy needs to grow and to grow the economy we need to print more money and are willing to sacrifice the risk of having any inflation to create this growth but the problem is that we've had thirty years of this thinking and every single year from the reagan thatcher onwards the amount of debt it's required to create one unit of growth has been ever increasing almost exponentially so we're at a point of hyper inflation well they don't know what to do those different so they have to portray it in a different
economy needs to. achieve escape velocity. and i think i know what he means by that but escape velocity is a term from physics and has a very specific meaning as an algorithm for a rocket to achieve escape velocity isn't this another example of an economist trying to sound like he knows what the hell he's talking about absolutely i can't disagree with that i mean what what what what. does this cape philosophy mean in the context of economics if it doesn't mean anything i think what it's what...
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Feb 13, 2013
02/13
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FOXNEWSW
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juxtaposed in position. >> they want to make economy and growth the and the economy the center of the speech. and in the inaugural address that wasn't mentioned and dwelled on meeting the liberal pace and gay rights, immigration reform, climate change, now, he says he wants to focus on the economy. last week he said he does believe in economic growth, but it has to be managed economic growth and it has to be economic growth with equity and fairness and that's why we're seeing, i think, this increase in the minimum wage, which won't necessarily create jobs, much like a tax, raising taxes on companies, it's not clear that that's going to increase jobs. and the other thing that we've seen since the inaugural address was the disbanding of his jobs council where he was bringing in business leaders to provide advice how to shrink the economy. it's quite interesting to note that when the -- when that jobs council was put together the unemployment rate was 8.3%. it's ticked down now to all of 7.9%, meaning not much in four years. so, that's where this president stands as he tries to make his
juxtaposed in position. >> they want to make economy and growth the and the economy the center of the speech. and in the inaugural address that wasn't mentioned and dwelled on meeting the liberal pace and gay rights, immigration reform, climate change, now, he says he wants to focus on the economy. last week he said he does believe in economic growth, but it has to be managed economic growth and it has to be economic growth with equity and fairness and that's why we're seeing, i think,...
WHUT (Howard University Television)
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Feb 12, 2013
02/13
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WHUT
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you debate the state of the economy. you debate what you think is the effectiveness of the measures you've already taken or not. you think about and speculate on what's going to happen next both internally and externally. and then you say okay, should we change policy to adapt to that and then for the weeks in between, you're ideally doing economic thinking, talking with business, getting briefings from staff, from outside people, and just generally very concentrated on what are the challenges facing that economy. >> rose: did you find yourself in the majority or the minority? >> very much the minority for a good chunk of my time there. so when i got there, i got there after the height of the crisis. >> rose: right. >> so 2008. >> i was actually there in mid 2009. and as many of your guests have spoken about, you know the high drama days of lehman brothers or the bank running-- i was there after that when things were just bad. and the banking system is under repair. and so it was a little less frantic for me. for the fir
you debate the state of the economy. you debate what you think is the effectiveness of the measures you've already taken or not. you think about and speculate on what's going to happen next both internally and externally. and then you say okay, should we change policy to adapt to that and then for the weeks in between, you're ideally doing economic thinking, talking with business, getting briefings from staff, from outside people, and just generally very concentrated on what are the challenges...
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Feb 14, 2013
02/13
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CSPAN
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we think the economy would be growing. but as i have said on many occasions, a path that had less government debt would by the end of the decade would lead to a stronger economy. >> even by its own admission said the debt beyond the 10- year level is going to reach unsustainable levels and the economy would suffer. what would the economic impact be if we raise taxes by $85 billion by the end of this fiscal year, having an $85 billion cut due to the sequester that also starts on march 1? nature of the tax increase. bylet's assume it is done tax rate increases. >> it is dependent on whose tax rates were cut. but in general -- >> on the top 1% again that includes small business owners. replaced by an avifflet equivalent dollar amount, that would be an improvement for the economy because we think the pro pencity to spend would be smaller dollar for dollar than the spending -- >> the lady on the corner that owns the dry cleaning store who has her taxes increased dramatically is going to invest as much in the economy and continu
we think the economy would be growing. but as i have said on many occasions, a path that had less government debt would by the end of the decade would lead to a stronger economy. >> even by its own admission said the debt beyond the 10- year level is going to reach unsustainable levels and the economy would suffer. what would the economic impact be if we raise taxes by $85 billion by the end of this fiscal year, having an $85 billion cut due to the sequester that also starts on march 1?...
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Feb 13, 2013
02/13
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economy and profits for this year. on top of that, financial conditions in the eurozone are still a threat to u.s. stocks. >> with the market at current levels, which... basically looks like they're priced for perfection, there doesn't leave a lot of room for any disappointing news. and there are a lot of areas that could create disappointing news. >> reporter: weissberg says many market pros believe stocks are headed higher, but they need a catalyst, and that's unlikely to come from tonight's state of the union. suzanne pratt, "n.b.r.," new york. >> susie: still ahead, why ailing smartphone maker blackberry is hoping the sports market will help it on its road to recovery. we'll explain in tonight's "beyond the scoreboard." a "silly sideshow--" that's what apple c.e.o. tim cook called a recent lawsuit filed by hedge fund manager david einhorn. speaking at a goldman sachs technology conference today, cook also said apple is considering einhorn's proposal to issue preferred stock and return more money to shareholders. ei
economy and profits for this year. on top of that, financial conditions in the eurozone are still a threat to u.s. stocks. >> with the market at current levels, which... basically looks like they're priced for perfection, there doesn't leave a lot of room for any disappointing news. and there are a lot of areas that could create disappointing news. >> reporter: weissberg says many market pros believe stocks are headed higher, but they need a catalyst, and that's unlikely to come...
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Feb 11, 2013
02/13
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we really need to get the economy growing. the only way to get jobs is to add and grow the economy. the economy will not grow as long as government intrudes and tells us what to do. there is a lot of shore that we would like to bring back. the tax coming back on that money is way too high. >> we know that jobs and growth will be a big part of the state of the union address tomorrow night. the new ceo has been down at the white house talking to the president. >> he is going to really focus on growth of the economy. the only way to get jobs back into this economy, we are barely breaking even on jobs. we have got to create at least 100,000 jobs a year to keep up with the growth in the population. we are pushing very hard to push the visa waivers. we would love to have that for brazil. they would absolutely love to come to america. >> along side with that, would you like to have comprehensive immigration reform? >> i think that is very important. we need to get that off the table. we are in favor of border security. we would like these people to become legal. they are going to have to p
we really need to get the economy growing. the only way to get jobs is to add and grow the economy. the economy will not grow as long as government intrudes and tells us what to do. there is a lot of shore that we would like to bring back. the tax coming back on that money is way too high. >> we know that jobs and growth will be a big part of the state of the union address tomorrow night. the new ceo has been down at the white house talking to the president. >> he is going to really...
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there are striving for weaker economies or weaker currencies to help boost economic growth. but on the other hand you know a strong euro can be taken as a reflection of confidence in the region of recovery and it can boost confidence so there's a little bit of a kind of a mismatch i guess between what the politicians want which is you know i think it better europe better currency which would then maybe sustain better confidence in the region where the industrious and central bank are of course concerned that it will hamper growth so it is a concern either way and of course the whole issue of currencies in general around the world is now becoming the major talking point a major economic issue you know for all central banks and for all economies. without a majlis have a look and see what european markets did today you can see reacting to that disappointing data release a whole plethora of we've got half a percent down for the footsie there london for the dax in frankfurt over up a cent in negative territory want to also mention that we had a contraction for the japanese econom
there are striving for weaker economies or weaker currencies to help boost economic growth. but on the other hand you know a strong euro can be taken as a reflection of confidence in the region of recovery and it can boost confidence so there's a little bit of a kind of a mismatch i guess between what the politicians want which is you know i think it better europe better currency which would then maybe sustain better confidence in the region where the industrious and central bank are of course...
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Feb 12, 2013
02/13
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CSPAN
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and disrupt the economy. with respect to the -- and disrupt the recovery. with respect to asking higher income individuals to pay more, the congressional budget numbers, their analysis, shows the job loss for allowing the sequester to go into effect much higher over a comparable time period than asking higher income individuals to pay more. and by asking higher income individuals to pay more and reducing the long-term deficit you help long-term growth. as we discussed, by helping to reduce the long-term deficits. finally, look, i was quoting grover norquist and i didn't make any of our colleagues sign the grover norquist pledge. that was a voluntary act on their part. they signed a pledge and that pledge says that you cannot close down one tax loophole for the purpose of reducing the deficit. i want to say that again. if you decide that carried interest is a -- an unnecessary tax break to hedge mund managers, which i think -- to hedged fund managers, which i think it is, you can't eliminate that tax break and
and disrupt the economy. with respect to the -- and disrupt the recovery. with respect to asking higher income individuals to pay more, the congressional budget numbers, their analysis, shows the job loss for allowing the sequester to go into effect much higher over a comparable time period than asking higher income individuals to pay more. and by asking higher income individuals to pay more and reducing the long-term deficit you help long-term growth. as we discussed, by helping to reduce the...
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Feb 13, 2013
02/13
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CSPAN
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our economy slarching the last few months of 2012. -- economy shrunk durnring the last few months of 2012. if we can get the economy to grow at 4% a year it will create middle class jobs. tax increase can't do this. raising taxes won't create private sector jobs. that's why i hope the president will abandon his obsession with raising taxes and instead, work with us to achieve real growth until our economy. one of the best ways to encourage growth is through our energy industry. god also blessed america with abundant coal and natural gas. instead of wasting more money on companies let's open up federal land for exploration. we can grow our energy industry, it will make us energy independent and it will help bring administering back from places like china. simplifying our tax code will also help the middle class because it will make it easier for smaller businesses to hire and grow. we agree with the president, we should lowerer our corporate tax rate so companies will bring their money and jobs back here from overseas. we can also help grow the economy if we have a legal immigration s
our economy slarching the last few months of 2012. -- economy shrunk durnring the last few months of 2012. if we can get the economy to grow at 4% a year it will create middle class jobs. tax increase can't do this. raising taxes won't create private sector jobs. that's why i hope the president will abandon his obsession with raising taxes and instead, work with us to achieve real growth until our economy. one of the best ways to encourage growth is through our energy industry. god also blessed...
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Feb 12, 2013
02/13
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MSNBCW
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the economy and jobs. as the president prepares to give his speech, the unemployment rate while down from the high in 2009 remains at 7.9%. the gdp report is a reminder of ow fragile the economy is. 36% said they either were very or fairly confident in the president's ability to promote a strong and agreeing economy. they say the speech will return to economic fairness he will talk about. >> this country succeeds when everyone gets a fair shot and everyone does their fair share. everyone plays by the same rules. these aren't democratic or republican values or 1% values or 99% values. these are american values. we have to reclaim them. >> and the president will revisit themes from the reelection campaign outlining the plan to create jobs and grow the middle class. >> goals in receivering and education and national security and the deficit. real achievable plans that will lead to new jobs. >> and while the speech may come across as a laundry list tonight, there will be new initiatives intended to answer thre
the economy and jobs. as the president prepares to give his speech, the unemployment rate while down from the high in 2009 remains at 7.9%. the gdp report is a reminder of ow fragile the economy is. 36% said they either were very or fairly confident in the president's ability to promote a strong and agreeing economy. they say the speech will return to economic fairness he will talk about. >> this country succeeds when everyone gets a fair shot and everyone does their fair share. everyone...
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Feb 11, 2013
02/13
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CNBC
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economy now. you want to pay down your debt but not at a time it will lead to sharply higher unemployment which will happen now. this is a myth. we have overwhelming evidence that slashing government spending when the economy is depressed significantly deepens the depression. this is a convenient myth. >> we have seen what happens in europe. we saw the debt strangle countries in europe. you're saying we need more government spending to stimulate the economy. how much would you like to see the spending. where does it stop? when do you expect the debt and deficit to start choking us? >> so the european story is not at all. this is amazing. people have managed to forget very recent history. spain, ireland had very low levels of debt when they came into the crisis. now they have deficits, debt because of the crisis. not the other way around. greece is a different story. we are nothing like those. we have our own currency which gives us more freedom of action. how much now? in the book i call for 2% of
economy now. you want to pay down your debt but not at a time it will lead to sharply higher unemployment which will happen now. this is a myth. we have overwhelming evidence that slashing government spending when the economy is depressed significantly deepens the depression. this is a convenient myth. >> we have seen what happens in europe. we saw the debt strangle countries in europe. you're saying we need more government spending to stimulate the economy. how much would you like to see...